Wayfair Inc W shares are trading up just under 18.5 percent over the past five days, and the Vetr community has upgraded the company from 2.5 to 3 stars. In mid-May, Wayfair announced an expansion of the European Operation Centre in Galway, Ireland, creating 160 jobs.
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Vetr members have given Wayfair a Hold rating and $48.32 price target. This price target is lower than the $54.15 price target from professional analysts. The company opened Thursday around $47.70.
Of all Vetr raters, 50 percent believe Wayfair shareholders should sell the stock.
For Vetr’s full analysis of Wayfair, go here.
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